No, this is different. It's taking 40% of a select few people's money, people who (wrongly) thought their money was safe because they had it on deposit in a bank.
Taking it from everybody via inflation, the US way, is safer for the elites since so few people understand what they're doing.
This taking is very different. Everyone can see it. It's outright taking. In a way, it's more fair, as only those entrusting the thieving banks are being hurt, but it's the fact that this shatters the myth that your money is safe in a bank that is so surprising.
Either the Europeans elites are really smart and determined to get the pain out of the way sooner rather than later, or they're completely clueless to the potential ramifications of their actions here.
Never trouble trouble til trouble troubles you. Fortune Cookie
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